Find the probability that the percentage of successes is greater than 0.42
What will be an ideal response?
P(P > 0.42 | n = 1800, P = 0.40 ) ? P(P > 0.42 | ?= 0.40, ?= 0.01155 )
= P(Z > 1.73 )
= 0.50 - 0.4582 = 0.0418
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Nonmanagerial employees at Kennedy Steel belong to a union. The union has come close to striking several times over the years, and labor negotiations have recently been very tense. Kennedy likely needs to focus on changing
A. values among potential customers. B. the likelihood that an acquisitions might occur. C. manufacturing processes and procedures. D. population variables. E. forces originating inside the organization.
Use the following account balances from the adjusted trial balance columns of RB Auto's worksheet to answer below question.AccountDebit BalanceCredit Balance Cash 20,500 Merchandise Inventory 1,000 Accounts Payable 2,800 R. Holloway, Drawing 500 R. Holloway, Capital 13,000 Sales 15,000 Purchases 2,000 Purchase Returns and Allowances 200 Rent Expense 3,000 Salaries Expense 4,000 Select the closing entry that RB Auto would make at the end of the accounting period to close their revenue accounts and income statement accounts with credit balances.
A. debit Sales and credit Income Summary for $15,000. B. debit Sales for $15,000; debit R Holloway, Capital for $13,000 and credit Income Summary for $28,000. C. debit Sales $15,000; debit Purchase Returns and Allowances $200 and credit Income Summary for $15,200. D. debit Income Summary for $15,000 and credit Sales for $15,000.
The cost of goods manufactured is added to the beginning balance of finished goods inventory to obtain the total cost of goods available for sale
Indicate whether the statement is true or false
An acceptance sampling plan is to be designed to meet the organization's targets for product quality and risk levels. Which of the following is true?
A) n and c determine the AQL. B) AQL, LTPD, ? and ? collectively determine n and c. C) n and c are determined from the values of AQL and LTPD. D) ? and ? are determined from the values of AQL and LTPD. E) None of the above is true.